The Ambrose to Welcome Two New Tenancies

The two retail spaces within Kokoda Property’s newly constructed Milton apartment complex, The Ambrose, will soon be occupied by two exciting businesses.

Ardo’s, a small-format wine bar concept affiliated with City Winery, and Club Pilates, a high-energy, science-based fitness destination offering 40-minute workouts, have signed leases for these 90 sqm and 100 sqm spaces located at the ground level of the McDougall Street tower, respectively.

The Ambrose to Welcome Two New Tenancies
Photo Credit:  Kokoda Property /

The area will benefit significantly from these leases, according to Ishbel Jones, a Senior Executive in Retail Leasing at Colliers Queensland.

She noted that Milton’s expanding popularity may be attributed to its easy access to the CBD, practical transit alternatives, and its close proximity to a variety of entertainment options, particularly the neighbouring Suncorp Stadium.

“The emergence of Milton as a popular precinct owes to it being a natural extension of the CBD and close to transport and entertainment, in immediate proximity to Suncorp Stadium,” Jones said.

“Nationally, we are seeing a real scarcity for quality retail locations, with demand and enquiry from both local and interstate operators at a high.”

Colliers Queensland Executive Retail Leasing Chloe Lonergan said, “Milton’s riverside is one of the highest density employment areas in Brisbane, benefiting from its close proximity to the CBD and accessibility, Milton is emerging as one of Brisbane’s fastest growing suburbs.

“The local community will be able to enjoy the popular Ardo’s winery, which has already established its success in the suburbs of Newstead, Hawthorne and Graceville. We look forward to seeing the ground floor come to life with the synergy of these tenants and watch the uplift of activity on McDougall Street unfold.”

Following the successful conclusion of their Chester & Ella project in the adjacent Newstead area, Kokoda’s first project in Milton is The Ambrose which comprises 175 apartment units. The Ambrose boasts of a health and wellness centre and private dining spaces plus an infinity pool.

Both Ardo’s and Club Pilates are currently in the process of outfitting their spaces and are expected to open their doors to the public later this year.

Published 3-September-2023